Wednesday, June 7, 2017

Tony Abbott warns against low emissions target ahead of Finkel review

Tony Abbott has fired a public warning shot ahead of Friday’s release of the Finkel review, declaring it would be a “big mistake” for the government to adopt a low emissions target which knocked out new high-efficiency coal-fired power stations.

Tony Abbott: ‘Anything that makes it impossible for us
 to bank new, efficient coal-fired power
stations I think is a big mistake.’ 
The former prime minister used a radio interview on 2GB on Wednesday afternoon to add his dissenting voice to commentary already expressed by government conservatives in the wake of Donald Trump’s withdrawal from the Paris climate agreement.

Abbott said he was concerned about media reports that Australia’s chief scientist, Alan Finkel, would recommend a low emissions target to the prime minister and the premiers this Friday.

He said he was anxious, based on “well briefed” reports, that the Finkel review “gives us not 50%, but 70% renewables by 2030 – and coal, which is by far the cheapest form of baseload power … goes from currently about 65% to 20% of total energy generation.”

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